http://hdl.handle.net/11089/233 2026-04-06T00:35:08Z http://hdl.handle.net/11089/727 Emisje obligacji zamiennych na akcje w spółkach notowanych na GPW w Warszawie w latach 2001-2009 Pasińska, Dorota The purpose of this article is to analyze the level of the issue of convertible bond of the Polish public joint stock companies in 2001–2009 period. In the empirical part, the research was conducted which shows the amount of polish public stock companies issuing convertible bond. Moreover, the value of convertible bond issues was investigated. 2011-01-01T00:00:00Z http://hdl.handle.net/11089/726 Uwarunkowania decyzji funduszy private equity o wyborze metody dezinwestycji Sosnowski, Tomasz The main goal of the study is to identify factors influencing the choice of various divestment methods which are used by private equity funds. Based on analysis of the literature, these factors were divided into two mam groups: internal and external factors. The main external factors are the level of capital market development and investors' sentiment, the amount of capital available for new investment and quality of the legal system. Internal factors were further divided into three groups: — dependent on the private equity fund: the type of investor and fund's reputation, — dependent on a portfolio company: profitability, degree of innovation, asset size, industry, — arising from the deal specific: the type of cooperation, allocation of control rights. Based on statistics published by the EVCA, the predominant method of divestment on the Polish private equity market is a trade sale and initial public offerings. 2011-01-01T00:00:00Z http://hdl.handle.net/11089/725 Wykupy akcji własnych jako sposób obrony przed wrogim przejęciem na przykładzie spółek notowanych na GPW w Warszawie Pieloch, Aleksandra The main purpose of this article is to show place, role and meaning of the public polish companies' share repurchases in a defensive action against hostile takeover. The paper is divided into two main parts. The first one, constitutes the theoretical consideration which is scarified to hostile takeovers and share repurchases. The second part is an empirical material which is concentrated on: amount of polish companies caring out share repurchases, motives of conducting buy-backs and empirical experiences of polish entrepreneurs that used share repurchases as a method of defense against hostile takeovers. 2011-01-01T00:00:00Z http://hdl.handle.net/11089/724 Rozważania nad substytucyjnością wypłat dywidendy pieniężnej i wykupu akcji własnych na przykładzie polskich spółek publicznych Pieloch, Aleksandra The main goal of this article is to present preliminary results of empirical research on the substitutability of cash return to shareholders in companies listed on the Stock Exchange in the form of cash dividend and share buyback. For the realization of the objective it has been adopted to develop the research hypothesis stating that the shares repurchases done on the Warsaw Stock Exchange are – according to the cash dividend – more and more frequently used form of returning cash to shareholders. The paper is divided into two parts. In theoretical one, there are shown some views on substitution hypothesis and exhibited the results of surveys made by other researchers. The second part is practical research conducted among polish public companies. 2011-01-01T00:00:00Z